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Derivative Financial Instruments and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary Notional and Fair Value of Interest Rate Swaps

The following tables present the notional and fair value of interest rate swap agreements as of the dates stated.

 

 

March 31, 2023

 

(Dollars in thousands)

 

Notional
Amount

 

 

Fair
Value

 

Interest rate swap agreement

 

 

 

 

 

 

Receive fixed/pay variable swaps

 

$

2,178

 

 

$

(57

)

Pay fixed/receive variable swaps

 

 

2,178

 

 

 

57

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

(Dollars in thousands)

 

Notional
Amount

 

 

Fair
Value

 

Interest rate swap agreement

 

 

 

 

 

 

Receive fixed/pay variable swaps

 

$

2,178

 

 

$

(95

)

Pay fixed/receive variable swaps

 

 

2,178

 

 

 

95